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China Bank Lending Rate
Last Release
Aug 08, 2024
Actual
4.35
Units In
%
Previous
4.35
Frequency
Daily
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
4.35 Dec 2022 | 2.75 Aug 2022 | 3.43 % | 2016-2024 | People's Bank of China |
Latest Updates
The People's Bank of China (PBOC) injected a total CNY 499 billion via a one-year medium-term lending facility (MLF) to some financial institutions and kept the interest rate unchanged at 2.75% on Wednesday. With CNY 300 billion of MLF loans maturing on the same day, the operation resulted in a net CNY 199 billion fresh fund injection into the banking system. The central bank also pumped CNY 203 billion through seven-day reverse repos while keeping borrowing cost unchanged at 2%.
China Bank Lending Rate History
Last 12 readings
